Business Daily from THE HINDU group of publications
Wednesday, March 12, 2008
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Commodities (March 11)
Gold (per gram) Rs1,185
Silver (per gram) Rs28.30
Brent crude (per bbl) Rs4,239
Markets (March 11)
BSE Sensex16123.15 (+199.43)
S&P CNX Nifty4865.90 (+65.50)
US Dollar40.48 (-0.08)


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Mega land deal: BPTP bags 95 acres in Noida for Rs 5,006 cr
To develop business district; payment to be made over 8 years More

Tata Motors to raise Rs 4,000 cr
Mumbai, March 11 Tata Motors, which is all set to acquire the British luxury cars Jaguar and Land Rover, has said that it would be raising Rs 4,000 crore from the market through issue of securities.The board of directors at its meeting ... More

14 of Under-19 team picked at IPL auction
Mumbai, March 11 The Under-19 squad, which won the World Cup at Kuala Lumpur, was in the limelight at the second round of auction of players on Tuesday, for the Indian Premier League (IPL) event, which kicks off on April 18. Fourteen ... More

Nicholas Piramal rechristened Piramal Healthcare
e-swasthya campaign, $800-m international fund planned More

Govt yet to decide on user fee at new private airports
New Delhi/Hyderabad, March 11 Less than 96 hours before the opening of the greenfield airport at Hyderabad, the Government is yet to take a decision on the quantum of User Development Fee (UDF) to be levied on domestic and international ... More

Personal loans are now ‘no, no’ for banks
CAUTION THE WATCHWORD More

Indian crude basket crosses $100 mark
New Delhi, March 11 With continued volatility in the global crude prices, the Indian crude basket crossed $100 mark on Monday. The Indian basket closed at $100.17 a barrel, 29 cents up from Friday.The international crude prices ... More

GAIL setting up separate unit for city gas distribution
17 cities identified; Rs 500 cr investment required by 2012 More

NTPC, Bharat Forge scaling up equipment manufacturing ties
‘Strategic partner may be roped in later’ More

Economy faces inflation, deficit woes
More

TCS aims at higher revenues from emerging markets
Balancing the slowdown in Western countries More

Labour shortage continues to bug coffee estates
Arrivals slow down as picking, drying operations get hit More

Mutual funds’ cash holdings improve marginally
Fund managers reluctant to invest More

TODAY'S PICK (Latest Audio: English | Tamil)
Bajaj Hindusthan (Rs 237.15): Buy
We recommend a buy in Bajaj Hindusthan from a short-term perspective. It is evident from the charts of Bajaj Hindusthan, that following a steep fall from Rs 399 to Rs 117 in short period of nine trading sessions (from January 9 to 22), the stock ... More

Day Trading Guide
Initiate fresh short-position if the stock declined below Rs 1,400 with tight stop-loss.L&TA significant resistance is at Rs 3,000. Sell the stock if it reverses from this resistance level.More

Highest salary offer Rs 1.44 cr at IIM-A
Ahmedabad, March 11Dispelling anxieties and rumours about reduced hiring due to the sub-prime crisis and the global economic slowdown, most students of post-graduate programme-general (PGP) at the Indian Institute of Management-Ahmedabad ... More


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